New York A 4306: Expands who can hold membership in an adult-use cooperative license

Bill Text

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A04306 Summary:

BILL NOA04306 

&nbsp

SAME ASSAME AS S05277

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SPONSORDinowitz

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COSPNSR

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MLTSPNSR

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Amd §70, Cannabis L

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Expands who can hold membership in a licensed adult-use cooperative to include persons other than natural persons.

Go to top A04306 Actions:

BILL NOA04306 

&nbsp

02/04/2025referred to economic development

01/07/2026referred to economic development

Go to topA04306 Committee&nbspVotes:

Go to topA04306 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA04306 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4306

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 4, 2025
 ___________

 Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
 tee on Economic Development

 AN ACT to amend the cannabis law, in relation to expanding who can hold
 membership in an adult-use cooperative license

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 3 of section 70 of the cannabis law is amended
 2 to read as follows:
 3 3. A cooperative member [shall be a natural person and] shall not be a
 4 member of more than one adult-use cooperative licensed pursuant to this
 5 section.
 6 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08261-01-5

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